Nvidia: At the last minute, it halted an imminent partnership with a Layer 2 network due to cryptocurrency concerns.

Nvidia Abruptly Halts Planned Partnership with Ethereum-Based Layer 2 Network

In an unexpected turn of events, Nvidia has suspended the announcement of a near-finalized partnership with a Layer 2 blockchain network known for supporting decentralized AI platforms built on Ethereum.

The collaboration was set to include Layer 2 in Nvidia’s newly launched Ignition AI Accelerator program. However, just before the official reveal, Nvidia called for a last-minute pause, offering no public explanation for the sudden decision.

According to sources familiar with the matter, the move is likely tied to Nvidia’s firm internal policy of distancing itself from any project associated with cryptocurrencies. This stance remains unchanged despite ongoing efforts within the blockchain industry to forge connections with leading AI firms.

While Nvidia’s CEO has occasionally referenced concepts like “programmable money” in public remarks, the company’s official position is clear: artificial intelligence is welcome—crypto is not.